Marygold Companies, Inc. is a US-listed company in the asset management & custody banks industry. Its financial year ends in June.
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months to June 2026 was $29m, up 6.6% on a year earlier, against a decline of 8.1% a quarter earlier. The diluted share count is up 3.0% on a year earlier, which dilutes existing holders.
Our model value for Marygold Companies is under review, so past values are not shown until it is resolved.
Source: 10-K filed September 18, 2026 on SEC EDGAR · Financials · Valuation
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Marygold Companies, Inc.'s trailing-twelve-month revenue grew 6.6% year on year, with a free-cash-flow margin of -8.2%.
Current signal Gross margin expanding: TTM gross margin reached 84.5%, up 6.2pp year over year.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
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Company announcements, filed results and changes that matter to shareholders.
No model value for Marygold Companies, Inc. at the moment. Current status: data-quality checks not passed. Available reported financials are shown below.
The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.
We value Marygold Companies, Inc. as an asset manager, broker or exchange, with every model that fits that kind of business. Cost of equity 8%: the 10-year Treasury yield (4.9%) plus a beta of 0.68 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Price-to-book vs peers Book value per share times peers' typical (harmonic-mean) price-to-book. | ~$0.7 ~$0.7–$1.8 | Included |
| Dividend discount (two-stage) Dividends for five years at the growth the business can fund, then a steady payout and growth. | — | Does not apply: This model is withheld pending its input or assumption review. |
| Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. | — | Combined value withheld. Review the individual models and their assumptions. |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Marygold Companies, Inc. with asset managers in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
Moderate moat
How hard Marygold Companies's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
Net income has been a median 3.1% of total assets over 10 years.
Operating margin has been a median 3.8%; its worst year was -25.2%.
The diluted share count rose 11.7% over five years; stock-based pay has been a median 0.4% of revenue.
AI disruption exposure: Medium. In this industry, AI could change how the product is made or sold, without replacing the core asset. The score above includes a 5-point deduction for that exposure (55 before it).
No analyst estimates are published for Marygold Companies, Inc.: too few analysts cover it.
Last 12 months +84.1%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $27m | $29m | +6.6% |
| P/S multiple | 1.7x | 2.9x | +77.9% |
| Share count | 42m | 43m | −2.9% |
Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.
Last 3 years +73.0%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $35m | $29m | −17.6% |
| P/S multiple | 1.3x | 2.9x | +123.2% |
| Share count | 40m | 43m | −5.9% |
Biggest factor: p/s multiple. Loss-making at one end, so the split uses price/sales.
| Calendar year | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|
| Return | ||||
| MGLD | −29% | +66% | −50% | +123% |
| Industry peers (median) | +19% | +15% | −4% | −6% |
| S&P 500 | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||
| MGLD | 33% | 67% | 33% | 55% |
| S&P 500 | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||
| MGLD | −47% | −36% | −65% | −28% |
| S&P 500 | −10% | −8% | −19% | −9% |
Worst fall since March 14, 2022: 80% from March 14, 2022 to August 18, 2025. Getting back needed a 399% gain, and the shares have not yet recovered.
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| September 21, 2026 | −9.4% | +1.5% | +85.8% | +85.8% |
| May 12, 2026 | −1.8% | +0.4% | 0.0% | +5.0% |
| February 10, 2026 | +6.9% | −0.3% | +32.4% | +5.9% |
| November 10, 2025 | +1.0% | +1.8% | −11.7% | −11.5% |
| September 22, 2025 | −1.9% | −0.1% | +0.9% | −2.8% |
| May 8, 2025 | +10.8% | +0.6% | +2.6% | −2.1% |
| November 12, 2024 | +10.3% | −0.3% | +2.6% | +28.3% |
| February 15, 2024 | +7.2% | +0.2% | +35.1% | +63.3% |
| November 14, 2023 | +8.5% | +2.2% | −0.9% | +0.9% |
| May 15, 2023 | −2.0% | −0.3% | −6.3% | −14.7% |
| February 14, 2023 | −5.2% | +0.3% | −11.2% | −6.4% |
| November 15, 2022 | −3.1% | +0.1% | −12.3% | +6.9% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY24 Q1 | $34.2M |
| FY24 Q2 | $33.9M |
| FY24 Q3 | $33.4M |
| FY24 Q4 | $32.8M |
| FY25 Q1 | $32.5M |
| FY25 Q2 | $32.1M |
| FY25 Q3 | $29.7M |
| FY25 Q4 | $26.9M |
| FY26 Q1 | $26M |
| FY26 Q2 | $25.6M |
| FY26 Q3 | $27.3M |
| FY26 Q4 | $28.7M |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue growth, TTM YoY |
|---|---|
| FY24 Q1 | -39.2% |
| FY24 Q2 | -39.0% |
| FY24 Q3 | -39.2% |
| FY24 Q4 | -5.8% |
| FY25 Q1 | -4.9% |
| FY25 Q2 | -5.3% |
| FY25 Q3 | -11.2% |
| FY25 Q4 | -17.9% |
| FY26 Q1 | -20.0% |
| FY26 Q2 | -20.0% |
| FY26 Q3 | -8.1% |
| FY26 Q4 | 6.6% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Operating margin (TTM) |
|---|---|
| FY24 Q1 | -1.2% |
| FY24 Q2 | -4.4% |
| FY24 Q3 | -9.4% |
| FY24 Q4 | -19.1% |
| FY25 Q1 | -22.7% |
| FY25 Q2 | -25.6% |
| FY25 Q3 | -28.0% |
| FY25 Q4 | -25.2% |
| FY26 Q1 | -22.6% |
| FY26 Q2 | -18.3% |
| FY26 Q3 | -11.9% |
| FY26 Q4 | -20.5% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | FCF margin (TTM) |
|---|---|
| FY24 Q1 | 3.4% |
| FY24 Q2 | 0.5% |
| FY24 Q3 | -0.7% |
| FY24 Q4 | -6.0% |
| FY25 Q1 | -9.8% |
| FY25 Q2 | -9.6% |
| FY25 Q3 | -12.1% |
| FY25 Q4 | -12.5% |
| FY26 Q1 | -11.5% |
| FY26 Q2 | -12.2% |
| FY26 Q3 | -10.9% |
| FY26 Q4 | -8.2% |
| Fiscal year | 2011 Jun 2011 | 2012 Jun 2012 | 2013 Jun 2013 | 2014 Jun 2014 | 2015 Jun 2015 | 2016 Jun 2016 | 2017 Jun 2017 | 2018 Jun 2018 | 2019 Jun 2019 | 2020 Jun 2020 | 2021 Jun 2021 | 2022 Jun 2022 | 2023 Jun 2023 | 2024 Jun 2024 | 2025 Jun 2025 | 2026 Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | ||||||||||||||||
| Revenue | 1 | 2 | 2 | 0 | 0 | 28 | 32 | 29 | 27 | 27 | 40 | 38 | 35 | 33 | 23 | 25 |
| Gross profit | 0 | 1 | 1 | 0 | 0 | 25 | 27 | 23 | 20 | 20 | 31 | 29 | 26 | 24 | 20 | 23 |
| EBITDA | — | — | — | — | — | 9 | 7 | 3 | 1 | 3 | 8 | 3 | 2 | −6 | −6 | −6 |
| Operating income | — | — | — | — | — | 9 | 7 | 3 | 1 | 2 | 7 | 2 | 1 | −6 | −7 | −6 |
| Net income | — | 0 | 0 | −0 | 0 | 5 | 5 | 2 | 0 | 2 | 6 | 1 | 1 | −4 | −6 | −4 |
| Diluted EPS | $0.00 | $0.00 | — | $0.00 | $0.00 | $0.00 | $0.14 | $0.05 | $0.01 | $0.05 | $0.15 | $0.03 | $0.03 | −$0.10 | −$0.14 | −$0.10 |
| Growth (year on year) | ||||||||||||||||
| Revenue | — | +157.1% | −9.2% | −100.0% | — | +>999% | +15.2% | −10.3% | −6.1% | −0.7% | +49.2% | −5.2% | −7.8% | −5.9% | −28.6% | +8.0% |
| EBITDA | — | — | — | — | — | — | −21.4% | −52.7% | −56.9% | +72.7% | +218.5% | −63.3% | −32.1% | −384.0% | — | — |
| Operating income | — | — | — | — | — | — | −24.1% | −58.3% | −73.1% | +153.6% | +287.2% | −67.9% | −40.3% | −540.6% | — | — |
| Net income | — | — | −15.7% | −602.9% | — | +>999% | −1.7% | −66.6% | −84.9% | — | +229.8% | −80.4% | +1.7% | −449.3% | — | — |
| Diluted EPS | — | — | — | — | — | — | — | −64.3% | −80.0% | — | +200.0% | −80.0% | 0.0% | −433.3% | — | — |
| Margins | ||||||||||||||||
| Gross margin | 38.0% | 43.6% | 43.9% | — | 15.8% | 90.1% | 84.8% | 79.4% | 74.3% | 75.8% | 76.7% | 75.7% | 74.9% | 73.4% | 86.5% | 92.6% |
| EBITDA margin | — | — | — | — | — | 32.7% | 22.3% | 11.8% | 5.4% | 9.4% | 20.1% | 7.8% | 5.7% | −17.3% | −26.6% | −22.8% |
| Operating margin | — | — | — | — | — | 31.9% | 21.0% | 9.8% | 2.8% | 7.2% | 18.6% | 6.3% | 4.1% | −19.1% | −29.2% | −23.8% |
| Net margin | — | 3.1% | 2.9% | — | 6.3% | 19.0% | 16.2% | 6.0% | 1.0% | 6.6% | 14.7% | 3.0% | 3.3% | −12.4% | −24.8% | −17.3% |
| Free-cash-flow margin | — | — | — | — | — | — | — | — | — | — | — | — | 5.0% | −6.0% | −14.4% | −9.3% |
| Cash flow | ||||||||||||||||
| Cash from operations | — | — | −0 | −0 | −0 | 5 | 5 | 3 | 1 | 2 | 7 | −1 | 2 | −2 | −3 | −2 |
| Capital spending | — | — | — | — | — | — | — | — | — | — | — | — | 0 | 0 | 0 | 0 |
| Free cash flow | — | — | — | — | — | — | — | — | — | — | — | — | 2 | −2 | −3 | −2 |
| Stock-based pay | 0 | 0 | 0 | 0 | 0 | — | — | — | — | 0 | — | 0 | 0 | 0 | 1 | 0 |
| Free cash flow after stock pay | — | — | — | — | — | — | — | — | — | — | — | — | 2 | −2 | −4 | −2 |
| Balance sheet | ||||||||||||||||
| Cash | 0 | 0 | 0 | 0 | 3 | 5 | 7 | 8 | 6 | 10 | 16 | 13 | 8 | 5 | 5 | 3 |
| Total debt | 0 | 0 | 0 | 0 | — | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 1 | 0 |
| Net debt (negative = net cash) | 0 | −0 | 0 | 0 | −3 | −4 | −7 | −7 | −6 | −9 | −16 | −12 | −8 | −5 | −4 | −3 |
| Diluted shares | 201m | 235m | 237m | 240m | 85m | 1,149m | 38m | 38m | 38m | 38m | 38m | 39m | 40m | 40m | 42m | 43m |
| Quarter | 2025 Q1 Sept 2024 | 2025 Q2 Dec 2024 | 2025 Q3 Mar 2025 | 2025 Q4 Jun 2025 | 2026 Q1 Sept 2025 | 2026 Q2 Dec 2025 | 2026 Q3 Mar 2026 | 2026 Q4 Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 7,910 | 8,004 | 5,522 | 5,508 | 6,963 | 7,643 | 7,189 | 6,925 |
| Gross profit | 5,782 | 5,928 | 4,874 | 4,506 | 5,364 | 5,656 | 6,791 | 6,461 |
| EBITDA | −2,011 | −1,684 | −1,457 | −1,072 | −1,170 | −575 | −42 | −3,897 |
| Operating income | −2,170 | −1,826 | −1,572 | −1,217 | −1,264 | −631 | −136 | −3,853 |
| Net income | −1,586 | −1,747 | −1,012 | −1,476 | −356 | −576 | 222 | −3,661 |
| Diluted EPS | −$0.04 | −$0.04 | −$0.02 | −$0.03 | −$0.01 | −$0.01 | $0.01 | −$0.08 |
| Growth (year on year) | ||||||||
| Revenue | −3.9% | −5.4% | −29.9% | −33.4% | −12.0% | −4.5% | +30.2% | +25.7% |
| Margins | ||||||||
| Gross margin | 73.1% | 74.1% | 88.3% | 81.8% | 77.0% | 74.0% | 94.5% | 93.3% |
| EBITDA margin | −25.4% | −21.0% | −26.4% | −19.5% | −16.8% | −7.5% | −0.6% | −56.3% |
| Operating margin | −27.4% | −22.8% | −28.5% | −22.1% | −18.2% | −8.3% | −1.9% | −55.6% |
| Net margin | −20.1% | −21.8% | −18.3% | −26.8% | −5.1% | −7.5% | 3.1% | −52.9% |
| Free-cash-flow margin | −11.9% | −9.7% | −20.9% | −9.1% | −8.1% | −11.9% | −14.0% | 1.9% |
| Cash flow | ||||||||
| Cash from operations | −893 | −770 | −1,155 | −501 | −533 | −908 | −1,007 | 129 |
| Capital spending | 47 | 6 | 0 | 1 | 29 | 0 | 0 | 0 |
| Free cash flow | −940 | −776 | −1,155 | −502 | −562 | −908 | −1,007 | 129 |
| Stock-based pay | 460 | 200 | 100 | 100 | 67 | 67 | 66 | −72 |
| Free cash flow after stock pay | −1,400 | −976 | −1,255 | −602 | −629 | −975 | −1,073 | 201 |
| Last 12 months unless stated | MGLD | NAKA | TONX | GEG | VALU | HNNA | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $29m | $28m | $30m | $28m | $33m | $33m | $842m |
| Revenue growth, last 12 months | 6.6% | >999% | 592.3% | 70.2% | −5.5% | −6.9% | 15.3% |
| Revenue growth, 3-year average | −6.3% | — | 163.9% | 3.0% | −5.9% | 11.2% | 10.2% |
| Revenue growth, latest quarter | 25.7% | >999% | 607.4% | 88.3% | −6.4% | 4.2% | 17.5% |
| Gross margin | 84.5% | — | 83.1% | — | — | — | 83.1% |
| Operating margin | −20.5% | <−999% | −115.6% | −50.4% | 10.8% | 33.4% | 24.7% |
| Operating margin, 3-year average | −21.6% | −664.9% | <−999% | −47.8% | 16.5% | 32.7% | 18.5% |
| Net margin | −15.2% | <−999% | −532.8% | −127.6% | 60.3% | 24.8% | 15.0% |
| Cash from operations / revenue | −8.1% | −169.5% | −94.7% | 56.4% | 53.9% | 31.5% | 26.3% |
| Free-cash-flow margin | −8.2% | −169.5% | −94.8% | 51.8% | 55.6% | 30.5% | 21.3% |
| Free-cash-flow margin, 3-year average | −8.9% | −140.9% | <−999% | −34.8% | 53.5% | 32.2% | 16.6% |
| Stock pay / revenue | 0.4% | 20.2% | 78.4% | 8.2% | — | 3.7% | 3.7% |
| Change in share count | 3.0% | 937.0% | >999% | 19.8% | −0.3% | 0.2% | −0.2% |
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Fund Management Related Party | $21.1M | 83.5% | ▲ 23.3% |
| Beauty Products | $3.4M | 13.3% | ▲ 13.2% |
| Financial Services | $820,000 | 3.2% | ▼ 4.0% |
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Fund Management Related Party | $21.1M | 83.5% | ▲ 23.3% |
| Beauty Products | $3.4M | 13.3% | ▲ 13.2% |
| Financial Services | $820,000 | 3.2% | ▼ 4.0% |
From Marygold Companies, Inc.'s 10-K filed September 18, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Vanguard Capital Management LLC | $349,415 | 294K | 36.5% | ▲ 22.8% |
| Geode Capital Management, LLC | $190,549 | 160K | 19.9% | ▼ 3.8% |
| Richmond Investment Services, LLC | $145,597 | 122K | 15.2% | New |
| Vanguard Fiduciary Trust Co | $84,804 | 71K | 8.8% | 0.0% |
| Bridgeway Capital Management, LLC | $65,173 | 55K | 6.8% | ▼ 31.3% |
| Citadel Advisors LLC | $46,896 | 39K | 4.9% | ▲ 4.3% |
| Blackrock, Inc. | $39,612 | 33K | 4.1% | New |
| Northern Trust Corp | $29,386 | 25K | 3.1% | New |
| Tower Research Capital LLC (TRC) | $5,373 | 5K | 0.6% | ▲ 32.6% |
| UBS Group AG | $1,360 | 1K | 0.1% | New |
| Sbi Securities Co., Ltd. | $83 | 0K | 0.0% | 0.0% |
| Barclays PLC | $37 | 0K | 0.0% | New |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Marygold Companies, Inc.'s complete shareholder register. Values are as reported by the filers .
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Nicholas & Melinda Gerber Living Trust Chief Executive Officer | December 10, 2025 | Buy | 25,000 | $0.93 | $23,250 |
| Nicholas & Melinda Gerber Living Trust Chief Executive Officer | December 3, 2025 | Buy | 15,352 | $1.03 | $15,813 |
| Nicholas & Melinda Gerber Living Trust Chief Executive Officer | November 20, 2025 | Buy | 20,000 | $1.05 | $21,000 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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